News

Chip Stocks Fall As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
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Trump administration looking to reallocate $2bn in CHIPS Act funds to support critical minerals sector - report

The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical ...

Trump administration eyes equity stakes in US firms — but some companies are excluded: Here’s why

The Trump administration is considering acquiring equity stakes in US companies which are receiving subsidies from the 2022 ...

South Korea Denies Possible U.S. Government's Stake Acquiring in Exchange for CHIPS Act Funds

Lutnick is working on how the U.S. federal government can receive stakes in exchange for funds under the CHIPS Act Incentives ...